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Addendum Tenancy Agreement
"I need an Addendum Tenancy Agreement for our commercial warehouse in Riyadh, modifying the monthly rent from SAR 50,000 to SAR 60,000 effective March 1, 2025, with all other terms remaining unchanged."
1. Parties: Identification of the landlord and tenant as per the original agreement, including their full legal names, addresses, and any registration numbers
2. Background: Reference to the original tenancy agreement including its date, property details, and reason for this addendum
3. Definitions: Key terms used in the addendum, incorporating relevant definitions from the original agreement and any new terms introduced
4. Amendments: Detailed description of the specific modifications being made to the original agreement, clearly referencing the relevant clauses being amended
5. Effect on Original Agreement: Statement confirming that all other terms and conditions of the original agreement remain unchanged and in full force
6. Governing Law: Confirmation that the addendum is governed by Saudi law and Shariah principles
7. Execution: Signature blocks for all parties, including spaces for official stamps if required
1. Additional Representations: Used when new warranties or representations are required due to the nature of the amendments
2. Regulatory Compliance: Include when amendments need to address specific regulatory requirements or changes
3. Third Party Consents: Required when the amendments need approval from additional parties such as mortgagees or regulatory bodies
4. Rent Adjustment Mechanism: Include when the addendum involves changes to rent amounts or payment terms
5. Property Modifications: Used when amendments relate to physical changes or improvements to the property
1. Schedule of Amendments: Detailed table showing original clauses and their amended versions for clear comparison
2. Updated Payment Schedule: If rent or payment terms are modified, a detailed schedule of new payment dates and amounts
3. Property Modification Plans: When relevant, drawings or specifications of approved property modifications
4. Regulatory Approvals: Copies of any required governmental or regulatory approvals for the amendments
5. Ejar Registration Documents: Documentation required for registering the addendum on the Ejar platform
Authors
Real Estate
Residential Property
Commercial Property
Retail
Industrial
Hospitality
Office Space
Healthcare
Education
Logistics
Legal
Real Estate
Property Management
Facilities Management
Operations
Compliance
Administrative Services
Asset Management
Contract Management
Housing Services
Property Manager
Real Estate Manager
Legal Counsel
Facilities Manager
Leasing Manager
Contract Administrator
Real Estate Director
Compliance Officer
Property Administrator
Asset Manager
Operations Manager
Real Estate Agent
Housing Manager
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